For someone who’s not an US citizen, the lawsuit scare is somewhat far into the back of my head. That might be a luxury you can’t afford, so you might want to consider some kind of insurance for potential lawsuits. Silicon Alley Insider points to Media Bloggers Association, which offer law services for bloggers, including liability insurance programs that are way more economic than the expensive ones geared at the old media guard.
While this might be a good idea, I must second SAI on another point as well: health insurance. You might want to look up that alley first, because after all, your health is more important than your money, and you’ll probably not piss people off like Michael Arrington does.